Transgender Target Stocks Plummet, Unrepentant Executives Punished

May 19, 2017

Target stores continue to close and its stock continues to dive deeper and deeper into the depths.

And Target executives are now getting their pay cuts as a "punishment" that still brings a little regret about "maybe we should have handled the transgender topic better" and not completely beat their Christian client base into the pavement.

Reuters reports:

Target Corp's Chief Executive Brian Cornell took a sharp cut in compensation after the company failed to meet financial goals in a year marred by declines in sales and share price.

Cornell's cash-and-stock compensation fell by nearly a third to $11.3 million, according to a document filed with regulators two months after the company reported results that sent its stock tumbling to 2-1/2-year lows.